What is Mica Tapes Market?
Mica tapes are made of material mica paper, the substrate of glass fiber, and polyethylene. It is widely used in the applications like power stations, military facilities, multi-storey, telecommunication centers and others. These type of mica tapes are used widely for electrical usage in various industries as it provides strength, thermal conductivity and low dissipation factor.
Highlights from Mica Tapes Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | HEC Holland BV (Netherlands), Dongguan YAT Mica Industrial Ltd. (China), M. P. MICA Enterprises Pvt. Ltd. (India), Final Advanced Materials Sarl (France), Ruby Mica Co. Ltd. (India), Micatapes Europe SPRL (Belgium), Axim Mica (United States), Glory Tapes & Labels Ltd. (Bangladesh) and Okabe Mica Co., Ltd. (Japan) |
HEC Holland BV (Netherlands), Dongguan YAT Mica Industrial Ltd. (China), M. P. MICA Enterprises Pvt. Ltd. (India), Final Advanced Materials Sarl (France), Ruby Mica Co. Ltd. (India), Micatapes Europe SPRL (Belgium), Axim Mica (United States), Glory Tapes & Labels Ltd. (Bangladesh) and Okabe Mica Co., Ltd. (Japan) are some of the key players profiled in the study. Mica Tapes Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Power Station, Military Facilities, Multi-story Buildings, Telecommunication Centers and Others |
Type | Double Side Mica Tapes and Single Side Mica Tapes |
Distribution Channel | Supermarket,Hypermarket,Online Stores,Others |
Material | Mica Paper,Glass Fiber,Polyethylene |
Width | 5mm,10mm,25mm,50mm |
On the basis of geography, the market of Mica Tapes has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Consumption of Mica Tapes for Insulation and Introduction of Mica tapes in Various Width Range
Market Growth Drivers:
Need for Electrical Strength and Thermal Conductivity in Various industrial Application and Growing Electronics Industry Around the Globe
Challenges:
Complexities Involved in the Mica Tapes Production
Restraints:
Stringent Regulatory Guidelines Associated with Mica Tapes
Opportunities:
Surging Online Availability of Mica Tapes and Rising Demand for Mica Tapes from Military Facilities
Key Target Audience
Mica Tapes Manufacturers, Mica Tapes International Traders, Mica Tapes Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies, Upstream and Downstream Buyers and Others
"European regulation changes have pushed electric machine manufacturers to request new materials suitable for impregnation of High Voltage motors and generators that are also compliant with European health restrictions. Until now, the most widely used materials for coil insulation are a blend of epoxy resin and anhydride that impregnates mica tapes, containing an epoxy binder with a Zinc naphthenate catalyst, which has the advantage of stability in storage tanks and good thermal and electrical properties. The development of a new impregnating resin, made with a hybrid epoxy-polyester chemistry, highlighted the need to find a way to improve compatibility with mica tapes."